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Balance Sheets - USD ($)
Mar. 31, 2017
Jun. 30, 2016
CURRENT ASSETS    
Cash $ 510,807 $ 267,302
Accounts receivable 259,378 293,358
Inventory - net 547,194 614,895
Prepaid and other current assets 129,761 103,803
Total Current Assets 1,447,140 1,279,358
PROPERTY AND EQUIPMENT    
Leasehold improvements 196,223 153,543
Molds and models 577,549 577,549
Equipment 2,988,844 2,960,246
Furniture and fixtures 74,921 74,921
Construction in progress 49,732 10,198
Software 305,924 305,924
Less - accumulated depreciation (3,906,635) (3,849,937)
Total Property and Equipment 286,558 232,444
OTHER ASSETS    
Patents and trademarks - net 154,906 175,379
Non-current inventory 194,066 180,050
Deposits 11,000 11,000
Total Other Assets 359,972 366,429
TOTAL ASSETS 2,093,670 1,878,231
CURRENT LIABILITIES    
Accounts payable and accrued expenses 473,752 348,499
Current portion of long-term debt 19,141 20,518
Current portion of lease liability 7,285 6,249
Total Current Liabilities 500,178 375,266
Long-term debt 129,111 100,142
Long-term lease liability 2,792 8,394
TOTAL LIABILITIES 632,081 483,802
STOCKHOLDERS’ EQUITY    
Preferred stock: 5,000,000 shares authorized of $0.001 par value, 2,000,000 shares issued and outstanding, respectively 2,000 2,000
Common stock: 75,000,000 shares authorized of $0.001 par value, 42,647,868 and 42,175,287 shares Issued and outstanding, respectively 42,647 42,175
Additional paid-in capital 62,604,245 62,579,558
Stock payable 5,047 4,500
Accumulated deficit (61,192,350) (61,233,804)
Total Stockholders’ Equity 1,461,589 1,394,429
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 2,093,670 $ 1,878,231